Kontoor Brands Declares Quarterly Dividend

Rhea-AI Summary

Kontoor Brands, Inc. (NYSE: KTB) declares a regular quarterly cash dividend of $0.50 per share of its common stock. The dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.

Positive

• Kontoor Brands, Inc. declared a quarterly cash dividend of $0.50 per share for its common stock.
• The dividend payment is scheduled for June 20, 2024, with shareholders of record as of June 10, 2024, eligible to receive it.

Negative

• None.

GREENSBORO, N.C.--(BUSINESS WIRE)-- Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler^® and Lee^®, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of its common stock. The cash dividend will be payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures, distributes, and licenses superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler^® and Lee^®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240419176790/en/

Investors:

Michael Karapetian, (336) 332-4263

Vice President, Corporate Development, Strategy, and Investor Relations

Michael.Karapetian@kontoorbrands.com

or

Media:

Julia Burge, (336) 332-5122

Director, External Communications

Julia.Burge@kontoorbrands.com

Source: Kontoor Brands, Inc.

FAQ

What is Kontoor Brands' dividend amount for its common stock?

Kontoor Brands declared a quarterly cash dividend of $0.50 per share for its common stock.

When will Kontoor Brands' dividend be payable?

The dividend will be payable on June 20, 2024.

Who are eligible to receive Kontoor Brands' dividend?

Shareholders of record at the close of business on June 10, 2024, are eligible to receive the dividend.

What is the ticker symbol for Kontoor Brands?

The ticker symbol for Kontoor Brands is KTB.